An dem Preis für Gurken in der Region #Krasnodar kann die sehr talentierte russische Zentralbankchefin Elwira Sachipsadowna #Nabiullina aber auch nichts ändern! 🤷🏼‍♂️

www.kommersant.ru/doc/8441094

[Ich mag die "deutsche" Pedanterie der Statistikbehörden in #Russland]

#ruSSiaEconomylsCollapsing
#putinKHUILO
Anciens Journalistes d’ « Echo of Moscow in Samara « Les deux voies de #Nabiullina : démission ou prison ?

Le pétrole de l’Oural est déjà inférieur à 50 $, les expéditions 🇷🇺 rares dans les ports 🇷🇺 sont moins chères que 40$
🧵

www.youtube.com/watch?v=fq8K...

"She's a bit of a cunning linguist!"🤣

From t.me/pravdaGerash...

Head of #Russia's Central Bank #Nabiullina has invented a new euphemism for the #Russian economy slowing down and people becoming poorer because all the money is spent on war:

Nabiullina is a sponsor of the Armed Forces of Ukraine.

State Duma deputy Sergey Mironov accused the head of the Central Bank of transferring Russian assets to the West, the income from which then goes to Ukraine and to kill ruzzians.

#Russia #RussiaIsCollapsing #Nabiullina #Ukraine #Putin

Si c'est elle-même qui le dit ! 🚨 🤨

La présidente de la Banque centrale russe, Elvira #Nabiullina, admet que l'économie russe serait au bout de souffle.

Toutes les ressources essentielles seraient près de l'épuisement !

1/6

(Source traduite by Google)

www.moscowtimes.ru/2025/06/19/n...

Fund, which have been directed toward investment. We had capital reserves in the banking system, which served as a foundation for accelerated lending. But many of these resources have indeed been depleted," #Nabiullina said at the #St_Petersburg International Economic Forum.

Russia’s Nabiullina on rates, inflation, the rouble and tariffs MOSCOW (Reuters) - Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank held its key rate at 21%, as expected. Nabiullina and Zabotkin spoke in Russian. The quotes below were translated into English by Reuters. NABIULLINA ON RATE DECISION "We had a broad consensus to keep the rate on hold. We discussed, rather, the nuances of the signal." "Some time ago we identified some triggers that would allow us to raise the issue of lowering the key rate...We analyse a wide range of factors and trends, but first of all we pay attention to a truly steady decline in current inflation, a steady decline in inflation expectations." "We have also noted the slowdown in consumer activity, consumer lending, reduced tension in the labour market and the absence of pro-inflationary shocks from the budget or external conditions. In terms of these factors, we already see some evidence of momentum, but we need more confidence that all of this is sufficiently sustainable. Although, compared to the last (rate-setting) meeting, many processes probably look more steady now." NABIULLINA ON INFLATION "...We passed the peak (of inflation) in the fourth quarter...But the turning point and the transition to a decline in annual inflation, in our opinion, will occur in May...Some increase in inflation is possible in July". NABIULLINA ON THE ROUBLE EXCHANGE RATE "We tend to attribute a larger part of the strengthening that has occurred since the beginning of the year to more stable factors, primarily related to the action of tight monetary policy...this part of the rouble strengthening is part of the process of disinflation, more restrained dynamics of demand, greater attractiveness of the rouble as a means of saving." "But we are still not ready to attribute all the strengthening of the rouble to the monetary policy action...The news background related to geopolitics makes its own contribution. And in this regard it is probably premature to talk about the sustainability of the strengthening of the exchange rate. Here we need not only market expectations, but also actual shifts." *NABIULLINA ON TARIFFS "The situation is developing dynamically, and we will have to keep track of what level of import tariffs will eventually emerge. We have taken into account the factor of trade wars in our forecast - we have lowered the growth rate of the world economy, we have slightly reduced the estimate of oil prices. Because the main channel of influence of these tariff wars on the Russian economy is a decrease in prices for the main goods of our exports. The other effects, in our opinion, are more limited, given the structure of foreign trade and the fact that there are restrictions on financial flows." "The volume of Russian exports to the U.S. is insignificant and there is no need to stimulate domestic demand to replace the falling external demand in these conditions. So for us the direct impact is minimal. For us, the impact of tariffs is more indirect, primarily through weaker global demand, lower global commodity prices - and this is a pro-inflationary risk." *ZABOTKIN ON TARIFFS "Obviously, the impact of trade wars will strongly depend on the scale of protectionist measures and the fragmentation of world trade that will eventually emerge. This is a factor of considerable uncertainty relative to our baseline forecast. The current picture has not led to a significant change in the baseline forecast to date."

Click Subscribe. #Russia #Nabiullina #Inflation #InterestRates #Rouble

Exclusive-Putin’s central banker Nabiullina will serve until 2027 despite attacks, sources say By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) - Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin’s personal support but the Kremlin will face a succession dilemma when her record tenure ends in 2027, two senior sources told Reuters. Nabiullina, 61, has faced intense criticism from lawmakers and some prominent businessmen since she was appointed in 2013, but has always endured with Putin’s backing. Rumours of her demise intensified after the bank hiked rates by 200 basis points to 21% in October in an attempt to counter the inflationary pressure of the biggest Russian military spending since the Cold War. Critics openly accused her on state television of sabotaging the Russian economy to help the United States, or of driving businesses to the brink of bankruptcy with an overly orthodox obsession with battling inflation. But Nabiullina will stay in her role until her term expires in 2027 - when, by law, she has to step down - according to two senior sources who spoke to Reuters on condition of anonymity due to the sensitivity of the situation. The sources - one senior Russian official and one top-level figure in the financial sector, both familiar with internal Kremlin discussions - told Reuters that Nabiullina was safe provided that no major policy mistakes occurred. "She is not at risk; she has a strong position," said the Russian official. When asked if the Kremlin is considering a successor, the official simply noted that her contract has two years yet to run. But some insiders are already talking about "Problem 2027", by which they mean the challenge of replacing not only Nabiullina but members of her team who may be tempted by more lucrative jobs elsewhere once she is no longer around. A senior job in Russia’s central bank, although prestigious, pays less than commercial banks and carries a higher risk of coming under Western sanctions - implying lost access to travel, foreign assets and education abroad for one’s children. "There is no problem now, the problem lies in 2027 when half of the central bank will leave with her, and there is simply no alternative team," said the senior financial source. RARE PRAISE The two keys to Nabiullina’s longevity are the confidence of Putin and her efficiency in preserving macroeconomic stability despite Russia’s conflict in Ukraine. When it started in 2022, she was lambasted simultaneously by nationalist hawks who questioned her loyalty to Putin and Kremlin critics who likened her to Adolf Hitler’s war production minister Albert Speer. A source with knowledge of discussions at the central bank said that the West’s decision to freeze Russia’s foreign currency reserves over the conflict in Ukraine had strengthened Nabiullina’s resolve to continue working. The Russian economy has performed better than expected for the past three years but is set to slow down sharply this year, stifled by high interest rates. Additionally, Russia is preparing for a period of low oil prices and slumping budget revenues as high import tariffs imposed by U.S. President Donald Trump dampen global demand, making it a bad time for Putin to change horses, sources said. "The tectonic changes in global trade are unfolding before our eyes, and it is still very difficult to judge where they will lead the global economy and how they will affect Russia," Nabiullina herself told parliament this month. In a sign that her position has strengthened in recent weeks, Nabiullina received rare praise from lawmakers during her annual report on April 9 for shielding the economy from Western sanctions and developing a national payments system. "The leadership of the central bank, as well as the parliament’s banking committee, should be praised for doing everything in order to protect our country’s financial system," influential Duma (parliament) speaker Vyacheslav Volodin said.

Click Subscribe. #Putin #Nabiullina #CentralBank #Economy #Finance

3/ Elvira #Nabiullina, directeur van de Russische Centrale Bank, vertelde de #Doema onlangs dat de regering de begrotingsuitgaven kan ondersteunen ondanks de dalende inkomsten, omdat de begrotingsregels een buffer vormen.

#Can #make #vision, #that #Putin #strategist, #can #make #vision, #that #Nabiullina #manages #inflation . #But #in the end #the #question #is #whether #the #budget #limit #of #the #country #has #enough #money #to #buy #everything #that #is #necessary

Nabiullina on rates, rouble and foreign interest in Russian assets (Adds new quotes marked with asterisk) MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank, as expected, kept its key interest rate on hold at 21%. Nabiullina and Zabotkin spoke in Russian. The quotes below were translated into English by Reuters. *NABIULLINA ON IMPACT OF ROUBLE APPRECIATION ON BUDGET For the exchange rate to have a significant impact on something, it must be a stable trend. So far it is premature to talk about this in the exchange rate. As for the impact on the budget, we need to look at the cumulative effects on both revenues and expenditures. In fact, rouble appreciation, all other things being equal, is a disinflationary factor. If the rouble strengthens steadily, it may mean a softening of monetary policy and a reduction in interest expenses for the budget. Therefore, I think we should analyse different channels of influence for the budget. *NABIULLINA ON RISKS OF INCREASING DEMAND FOR GOVERNMENT BONDS So far, we do not see such risks. If there is such interest, it is not expressed on a large scale. We do not see any risks to financial stability in the growing demand for government bonds. Because we see that this demand in the primary market and in secondary exchange trading is being made by a wide range of participants. These include banks and institutional private investors. The interest is driven not only by geopolitical expectations, but also by the first signs of slowing inflation. NABIULLINA ON NON-RESIDENTS’ INTEREST IN RUSSIAN ASSETS We do not have reliable data that we could rely on to show the manifestation of this interest. Although this topic is being discussed quite widely. And, of course, there are objective reasons for such interest - differential rates, difference in yields when investing in Russian assets. But, of course, the realisation of this interest is hindered by restrictions on capital movement and sanctions. We will monitor this situation. NABIULLINA ON ROUBLE VOLATILITY The exchange rate affects inflation expectations. But inflation expectations do not automatically follow the exchange rate. We see that exchange rate volatility, unfortunately, now, due to sanctions restrictions, is higher than in 2022. And, of course, this is not a factor that would contribute to the reduction of inflation expectations. But what I want to emphasise is that the lower the inflation, the more stable the exchange rate. Therefore, if and when we achieve sustainable low inflation, it will also work to stabilise the exchange rate. NABIULLINA ON RATE DECISION A key rate cut was not discussed by the bank today. It will be possible to start cutting the rate only after we are sure that inflation is falling steadily and at a rate that will allow us to bring inflation back to 4% in 2026. NABIULLINA ON FURTHER STEPS We see a reduction in the current inflationary pressure, but it is under the influence of both sustainable and some one-off factors. We will have to make sure that inflation is steadily declining. If the pro-inflationary risks that we note are realised, we may need to raise the rate. Let me remind you that our average key rate range for 2025 is 19-22%.

Click Subscribe. #Russia #Nabiullina #KeyRate #Economy #Finance

Russians called the most dangerous viruses for smartphones 04:20 Hazard viruses can be expanded t...

https://socialbites.ca/tech-scifi/766853.html

#Tech #& #SciFi #Anton #Nemkin #called #dangerous #Elvira #Nabiullina #Russian #Bank

Event Attributes

In Russia, they found a more dangerous virus on a phone than Nabiullina’s date of 05:35. The nu...

https://socialbites.ca/business/759591.html

#Business #dangerous #date #Dmitry #Ermakov #Elvira #Nabiullina #Nabiullinas #phone #Russia #virus

Event Attributes

The #Russian Central Bank is discussing a possible freeze on #Russians' deposits totaling 55 trillion rubles instead of raising the key rate , the #Russie media reports.

According to insiders, Elvira #Nabiullina has instructed experts to "probe" the public's reaction.

#Putin

In #Russia sono avanti a #musk_alieno: loro sono già su #Marte!
Su #Nabiullina la museruola di #Putin: il #carovita corre, la #BancadiRussia non tocca i #tassi
www.corriere.it/economia/fin...

Russia's Central Bank surprised everyone by not raising the key rate from its current 21%, when the street suggested a 200 basis points hike was on the cards to 23%.
● Did #Nabiullina cave from intense pressure from a cast of oligarchs and Duma leaders ?
#independence

As usual, none of the senile old men dare to question their #ReichFuhrerPutin!

Instead, the men turn against a puppet like #Nabiullina 😄

“Hey, Ms. Nabiullina, are you somehow adequate or not?”

Deputy Sergei Mironov questioned the adequacy of the head of the #Russian Central Bank #ElviraNabiullina

Sergej #Mironow will Elvira #Nabiullina nicht aus dem Fenster werfen ...

... nur aus ihrem Amt als Chefin der russischen Zentralbank! 🤓

www.kommersant.ru/doc/7383388

Problemi economici della Russia: #Putin si schiera con la #Nabiullina e se la prende con le aziende russe.
.
Nell'ultimo anno la Banca centrale russa ha aumentato i tassi otto volte, dal 12% al 21%. (segue)

Ouch! 150! That would be a crushing blow for the #Russianeconomy. #Nabiullina will have to wear a special kind of broach for that . . . something that looks like a crash? I imagine Russian interest rates are going to get hiked on the 20th December at their next meeting. Happy Xmas Moscow!

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Interactive take of Konstantin Samoilov: there is a power fight going in between #Nabiullina of the Central Bank #Russia and MIC boss Sergei Chemilov. Nabiullina is not bending and raised the key interest rate. Now she is facing Chemilov's -public- ultimatum. Look it up!
youtube.com/live/pTD9upL...

Dónde está Elvira #Nabiullina

#Rusia #economía
columnasemanalmartasalazar.wordpress.com/2024/03/13/d...